NEWS RELEASE

Laval, February 18, 2013 – LAVAL TECHNOPOLE and Airex Energy are pleased to announce that the latter has received $2.7 million in financial support for the construction of a biomass torrefaction demonstration plant, to be completed by the end of 2013. The public announcement concerning this initiative took place at a press conference held at the Montréal Science Centre.

Airex Energy will be at World Bioenergy 2012 on May 29-31 in Jönköping, Sweden to promote its patented torrefaction technology. The company will participate in the “Speaker’s Corner”, a business to business session being held by Canada’s Department of Foreign Affairs and International Trade at their pavilion in the Exhibition hall. Sylvain Bertrand, Vice President of Corporate Development for Airex Energy, will deliver a ten-minute presentation at 11:00 each day, after which he will be available for one-on-one meetings.

Is biochar production a key to the forestry bio-revolution?

Natural Resources Canada recently funded an innovative project that brought together the expertise of FPInnovations, Airex and Cyclofor. The objective was to find a way to enrich the forest biomass, a low-value raw material normally left behind on Québec’s tree harvest sites.